Bitcoin Cash (CURRENCY:BCH) traded 2.4% lower against the dollar during the 24-hour period ending at 20:00 PM E.T. on February 17th. Over the …

Bitcoin Cash (CURRENCY:BCH) traded 2.4% lower against the dollar during the 24-hour period ending at 20:00 PM E.T. on February 17th. Over the last seven days, Bitcoin Cash has traded up 3.6% against the dollar. Bitcoin Cash has a total market capitalization of $2.29 billion and approximately $267.80 million worth of Bitcoin Cash was traded on exchanges in the last 24 hours. One Bitcoin Cash coin can currently be bought for about $129.84 or 0.03341044 BTC on popular exchanges including CoinExchange, cfinex, Koinim and BTC Markets.

Here’s how related cryptocurrencies have performed over the last 24 hours:

Bitcoin (BTC) traded down 1.7% against the dollar and now trades at $3,888.35 or 1.00000000 BTC.

Steem (STEEM) traded down 6.8% against the dollar and now trades at $0.50 or 0.00012822 BTC.

Unobtanium (UNO) traded 3.9% lower against the dollar and now trades at $97.58 or 0.02508200 BTC.

Namecoin (NMC) traded up 2.2% against the dollar and now trades at $0.78 or 0.00020111 BTC.

Counterparty (XCP) traded 3.2% lower against the dollar and now trades at $1.67 or 0.00042982 BTC.

Crown (CRW) traded 3.5% lower against the dollar and now trades at $0.12 or 0.00003059 BTC.

CHIPS (CHIPS) traded flat against the dollar and now trades at $0.0379 or 0.00000980 BTC.

Terracoin (TRC) traded up 1.1% against the dollar and now trades at $0.0220 or 0.00000567 BTC.

ATBCoin (ATB) traded 0.6% higher against the dollar and now trades at $0.0089 or 0.00000229 BTC.

Zetacoin (ZET) traded down 1.3% against the dollar and now trades at $0.0015 or 0.00000039 BTC.

About Bitcoin Cash

Bitcoin Cash is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm. It launched on August 1st, 2017. Bitcoin Cash’s total supply is 17,667,350 coins. Bitcoin Cash’s official Twitter account is @bitcolncash and its Facebook page is accessible here. The official website for Bitcoin Cash is www.bitcoincash.org. The Reddit community for Bitcoin Cash is /r/Bitcoincash and the currency’s Github account can be viewed here. Bitcoin Cash’s official message board is bitcointalk.org.

American company Ripple Labs confirmed that Coins.ph, Bitso, Bitstamp and Bittrex are now using xRapid, a cross-border payment solution based on …

A number of companies have started using the XRP-based platform xRapid

Insiders say that this will help banks and other financial institutions save more on international money transfers

Ripple Labs confirmed the news on Sunday

American company Ripple Labs confirmed that Coins.ph, Bitso, Bitstamp and Bittrex are now using xRapid, a cross-border payment solution based on XRP. However, the company has more good news as more companies have joined or are joining the network, based on reports from Ripple’s HQ. A total of 19 firms said on Sunday that they are either planning to adopt XRP or are already using the platform. The development does not come as a surprise to blockchain technology proponents because they have always had faith in what the tech can do, observers say. They also note that this shows naysayers that blockchain technology is the future.

Crypto exchanges and other companies that will be using or are already using the platform will be able to reduce the overseas transfer rates that they charge to customers whether these are individual clients or companies. Insiders say that the money customers save for fund transfers has always been one of the best benefits of using cryptocurrency and blockchain.

Back in 2017, blockchain technology got a great deal of press regarding its cross-border payment capabilities but payments processing giants shied away from using it due to the volatility of the cryptocurrency market. International money transfer giant Western Union, for example, tested one of Ripple’s products and noted that it did not make much of a difference for them in terms of savings.

Many experts note, however, that the technology will make it easier for companies and individuals to transfer money internationally as it can bypass foreign exchange problems. Moving one fiat currency to another is costly, experts add. Aside from that, the transfer rates can be expensive.

Ripple is among the most notable blockchain-based payment processors and it is now gaining ground despite what naysayers have previously said. According to the company, exchanges will be able to help traditional financial institutions move fiat currency across borders with XRP as their bridge currency.

The 19 companies that have joined or are joining the network include Euro Exim Bank, Bittrex

Bitso, Catalyst, Coins.ph, Bitstamp, IDT, Arrington Capital, Cuallix, Viamericas, Mercury FX, SBI Virtual Currencies, SendFriend, FlashFX, Transpaygo, R3, FTCD, Bitrue and JNFX. It is noted by insiders that more companies will be integrating the platform into their own systems within the year.

The latest firm to announce the news is R3, an enterprise blockchain software company. Reports say that R3 will be using Ripple’s XRP as its first crypto payment rail. The technology will be integrated into R3’s new international settlement platform.

Ripple is still controversial though as its CTO has told reporters that Bitcoin is at a “dead end”. There have also been claims that XRP is very vulnerable to attacks, an issue that Ripple refuted in a recent report.

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Daniel is Founder and CEO at FXcompared and has numerous years of experience in the international finance world, especially within the media, technology and property sectors. Daniel is passionate… Read more

STA, 8 March – Young Slovenian businessman Damian Merlak, who has made more than 100 million euro with last year’s sale of Bitstamp, one of the …

STA, 8 March – Young Slovenian businessman Damian Merlak, who has made more than 100 million euro with last year’s sale of Bitstamp, one of the world’s largest crypto currency exchanges, has bought four run-down hotels in the Alpine valley of Bohinj, north-western Slovenia, for 8.4 million euro.

While it did not report how much Merlak paid for them, business newspaper Finance said the deal, involving the purchase of three firms managing the hotels, was worth 8.4 million euro.

Back in 2016, the Pačniks wanted to sell them for 15 million euro, putting the highest price tag of seven million euro on Zlatorog Hotel, which needs the most repairs.

Merlak told the STA he had bought the hotels to renovate and re-launch them. The ones being leased will continue to operate in the same way, while the rest will be managed by his team after renovation.

He also noted the 43-room Zlatorog Hotel, located above the lake and closed since 2011, would be the most demanding project.

It is not only in an extremely poor condition, having been stripped bare over the past few years, “but also unsuitable for 2019 in terms of design”, he added.

The value of its renovation will depend on which of the variants architects are working on is chosen, but “I’d be very happy if Zlatorog is ready for use in two years’ time”.

Bohinj Hotel, situated by the lake, has 20 rooms and 34 suites. Bohinj Apartment Hotel with 27 self-catering units is said to be in a state similar to Zlatorog’s.

The 28-room Ski Hotel Vogel is located some 50 metres from the ski slopes on Mount Vogel above the lake.

According to Siol, the hotels used to be managed by the Alpinum company, which the state sold cheap to the Pačnik family in 2002.

The Pačniks had been leasing them and invested practically nothing into them, so the Bohinj municipality had urged the state to take measures to save them from ruin.

For Merlak, the hotels are not his first investment in Bohinj. In 2016 he bought the Tuba self-catering units near the well-known Savica waterfall.

Even before that, he and his former Bitstamp partner Nejc Kodrič bought several farms with 1,300 cattle. He also bought a veterinary clinic.